AIoT for Inventory Management and Planning
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There is no doubt that the AI-enabled Internet of Things (IoT) has the capability to transform the way supply chains run significantly. This is why we will cover this aspect, among others, in our November research report, Inventory Planning and Optimization State of The Market. While we predominantly think of the usage of AIoT in digital twins in a supply chain context, AIoT can potentially significantly impact inventory planning processes within supply chains. This article briefly touches upon three areas where AIoT adds value to the inventory management and planning process.